Topix Investors: Japan Stimulus and Earnings Growth

topix investors: The U.S. president's setback heightened broader concerns about his stimulus agenda for the U.S. economy, sending the yen surging toward 110 per dollar and bringing the Topix to the brink of erasing its 2017 advance, according to The Japan Times. It's a blow to bulls who have sought evidence the Topix can chart its own course, aided by Bank of Japan stimulus at a time the Federal Reserve is cutting it off. Ties tightened in the last week as separate sell-offs exceeding 1 percent befell Topix investors for no other reason than the failure of Donald Trump's health care overhaul. Even forecasts for earnings growth topping 17 percent haven't been able to break the grip of the yen's advance or U.S. economic sentiment. And now with the pitfalls of his promises having surfaced, the question is where do we find the right balance Japanese stocks are taking cues from the yen even as a chorus rises among analysts who think they see sufficient improvement in Japan's domestic economy for the nation's equities to unlock themselves from the exchange rate. It's been the Trump rally all along, said Hideyuki Suzuki, a general manager at Securities Co. in Tokyo. (news.financializer.com). As reported in the news.

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